Wuxi Hongyuan Mechanical and Electrical Technology Co., Ltd. is a joint-venture enterprise holding by state-owned assets and composed of diversified property right structures, it is the high-tech mechanical and electrical products manufacturer engages in the production of the chemical fiber, cotton and other textile machineries and new energy equipments. Founded in 1956, the company is the inheritor of the textile machinery industry of Jiangsu Hongyuan Textile Machinery Co., Ltd. 　　For years, Hongyuan Company regards promoting the modernization process in textile industry of China as its own responsibility, and implement the technical innovation strategy of 'revitalize enterprise through science', through more than 50 years' hard work, the company has excellent production equipments and advanced technology. The company engages in the production of FK6, HY series high-speed elastic yarn machine, FA series, HY series cotton roving machine, HY series combing machine and other products. The technology and production scale of the synthetic filament processing equipment is close to the international advanced level, which leading the industry technology trend, our products are in great demand at home and abroad, 'Hongyuan' brand series chemical fiber high-speed elastic yarn machine ranked first place among the domestic and foreign brands for consecutive 25 years, and occupies the market share of about 40%, the products are exported to Europe, Africa and other regions; 'Hongyuan' brand series cotton roving machine have met with great favor in Pakistan, Syria, Thailand, Egypt, Indonesia and other countries, and we are the largest export enterprise of this series products in China.　　For years, the company is actively promoting the industrial structure transition and constructing the diversified economic platform. The company enters into the field of wind yawing and variable pitch gearbox and has established the programming, processing and manufacturing technology system of wind yawing and variable pitch gearbox, which means Hongyuan has taken a new step on involving in the development and construction of new energy.　　In the new century, Hongyuan Company will comply with the operation concept of 'customers' satisfaction is the eternal pursuit of our company', and insist on people-oriented and technology innovation, and strive for the production diversification, trade internationalization, production scale intensification, management modernization of the enterprise to achieve the target of the first-class enterprise and 'century Hongyuan'.